Tim Evans

Tim Evans
achieve balance bargain bit bottom drop hunting pick selling side trying
We're really just trying to achieve a little bit of a balance between follow-through selling after Tuesday's big drop and a little bit of bargain hunting on the other side of the ring, trying to pick a bottom here.
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We wanted to connect with people as strongly as some of our great advertising campaigns of the past did -- such as with Beattie with Maureen Lipman or Bob Hoskins in 'It's good to talk' -- but in a way that's relevant to today's modern relationships.
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Warm temperatures now forecast to persist on into early February undercut physical demand for heating fuels.
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To put that offer on the table for the next three months, it's clear to me that they're willing to steer the price lower, ... They really don't want every U.S. consumer to park their SUV and buy gasoline-electric hybrids -- they don't want to trigger that kind of consumer response.
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We've rung the bell at $600 and now we're perhaps ready to consolidate before we consider higher price levels.
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The OPEC demand revision is more of a reminder than anything else. Between the high level of crude stocks and the downward revisions to demand, the price should have trouble climbing like it has done this week.
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There is a very strong consensus that gold will continue its trend higher this year and that, in itself, is a warning sign.
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The fact that their pricing mechanism is market-related minimizes the risk that a physical shortage would arise.